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  1. Propertunity

    Rent Discount

    Most (OK sweeping generalisation) IPs that people purchase are neg. geared in the beginning until after a few years pass and the rent over-takes the mortgage and other costs (unless you specifically set out to buy cf+ in the first instance). PIs don't usually start looking for cf+ IPs until they...
  2. Propertunity

    Rent Discount

    Look, I'm not against cash injections, so don't get me wrong. But if a PI did use it as a part cash deposit on another IP, where is he/she going to get the mortgage repayments on this one he's renting cheap to you, for month 2 > 6? Nah, that is the absolute least of a LL's worries. You overcome...
  3. Propertunity

    Rent Discount

    Personally I take the same view as jingo (Jason). What am I going to do with that as a LL?:confused: especially if the IP I'm renting to you is cf neutral or a bit neg geared. I'm still up for 6 months of mortgage payments. So the cash has to sit in the bank earning diddy squat so it is ready...
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